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I agree to your thoughts. Well, i just hope that traders stay focus on being successful and know difference from virtual and real trading. But it doesn't mean that being successful would mean you will always win, understand that there are times you will be down.

Right, get to have enough time to review and understand before getting lots of risk. We are here to help you out when you have doubts about something, especially trading.

Right, that's what newbies should learn. That mistakes you have today, will be benefit in the future, you get to understand and correct mistakes and make it right. That way, less risk, less loss.

Thanks for your recommendations. I'll take time to review them one by one.

:) at least you give it a try. just allow yourself to learn from any tests you have had.

I see that we have different opinions. And I think that it's also same if kids (of any age) would be hear listening to our discussions. And I bet they might agree or disagree. But in the end, as parents we should respect any decision they might have in the future.

anyone? please help? i'm still looking for a fix broker. thanks!

Yes, I agree. The only difference with Demo from Live accounts is you're dealing with virtual money. By this way, children will know the value or importance of not risking real money just to let them [children] know forex trading.

I would appreciate any response from you. I'm still in search for a reliable and cost effective broker that can work with the FIX protocol.

it's ok to blow or mess up once or twice. as long as at the end of the day, you learn from the experience. before, i got frustrated when I messed one of my accounts with tradecopier dot com. but i get the hang out of the risks. now i feel more confident with every trade i do.

tsk tsk tsk $5000, a lot of money! hope you learn from your mistakes. suggest you have demo accounts so you get to try other strategies without wasting real money.

How's your trading skills now? any improvements? keep us posted...

Hi, I'm looking for a reliable and cost effective broker that can work with the FIX protocol. I don't like the MT4 platform... Do you know if there's a list of such brokers that I can check? Cheers,

Right, any age in specific? for me it took me so long before I found the right platform for me. I have tried a lot of copiers before I found tradecopier dot com. when we talk about kids, i prefer they would know basic of forex as early as teens. who knows, when we show them like demo accounts...

The forex signals are generally explained by the forex signal service that you choose. The forex signals and their specific meanings may change between forex signal service providers. The simple ones, such as buy and sell, are the most common. There are other forex signals that are not as...

For me, I always believe that trading is a continuous learning. Up to this moment, though I have more than a hundred live accounts, I have still demo accounts. With my demo accounts, I get to improve and test new strategies without risking real money but instead virtual money. Winning and...

I totally agree. I always believe that getting a demo account would really test and improve trading skills. Demo accounts uses virtual money and it's won't hurt even if you lost. Then I had like a hundred or less. Again, not much hurt to lose a hundred. But it's worth the learning. Trading is a...

I think it's good to tell them about it so they have at least knowledge or understanding in case they meet cases like forex trading. But not to the point that I would encourage him joining the trading for a living. It's a great risk. But if they insist, I will guide them and give them as much...

Losing money is part of trading. Learn from your mistakes. Understand that there's always ups and downs in trading. One time, I lost about $200 in one day. It's not that big though but it's worth the lesson. And this is one of the reasons why I choose to remain having demo accounts. So I lessen...

welcome to forex trading! first trading days, it's really difficult. Being in an online forum will help you a lot. Especially if you have questions or doubts, you always have us at your back. Also, try to check online forex education. And find the best system for you. You can always do the demo...